J&J Can’t Use Bankruptcy to Resolve Talc-Injury Lawsuits, Appeals Court Rules

J&J Can’t Use Bankruptcy to Resolve Talc-Injury Lawsuits, Appeals Court Rules

A federal appeals courtroom rejected Johnson & Johnson ‘s plan to use a authorized technique to push about 38,000 talc lawsuits out of business courtroom, hampering the controversial tactic the corporate and a handful of different worthwhile companies have used to transfer mass personal-injury instances to chapter 11.

The Third U.S. Circuit Court of Appeals on Monday dismissed the chapter 11 case of J&J subsidiary LTL Management LLC, which the consumer-health-goods big created in 2021 to transfer to chapter courtroom the mass lawsuits alleging its talc-based child powder merchandise triggered most cancers.